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Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Retail Business to Bloom This Spring With Production of 50,000 Blister Packs

  • PULL starts production of roughly 50,000 blister pack gummies using Taste-T LLC’s successful proprietary manufacturing system
  • Global CBD gummies market size estimated to grow at CAGR of 31.9% until 2025
  • PULL estimates $200,000 in revenue from initial batch, plans to produce three additional non-THC SKUs with varying levels of ultra-high potency CBD
Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, recently announced it started production on roughly 50,000 Pure Chews edible gummy packs to be sold this Spring (https://ibn.fm/aEibn). The news came shortly after Pure Extracts agreed to license U.S.-based Taste-T LLC’s proprietary manufacturing system that produces the company’s hugely successful Margarita Chill and Fireball Cinnamon products available throughout the United States in unique blister packs. “May is going to be a very exciting month for us as we commence retail sales of gummies through our distribution partner,” said Pure Extracts’ CEO Ben Nikolaevsky. “We plan to replicate the success that our licensing partner, Taste-T, is experiencing in US states including Nevada, Massachusetts, Michigan and Oklahoma. Our exceptionally pure products are in high demand and we have a range in potencies and flavors that consumers will certainly enjoy.” Grandview Research valued the global CBD gummies market at $998.2 million in 2018 with forecasts that it will continue growing at a CAGR of 31.9% until 2025 (https://ibn.fm/lmxvz). The research group attributes the growth to an increase in consumers looking for alternatives to replace smoking, along with other unhealthy options such as cookies, brownies and confectionaries. Accordingly, Pure Extracts’ management expects $200,000 in revenue from strong sales in British Columbia, Alberta, Saskatchewan and Ontario, with plans to include three additional non-THC SKUs with varying levels of ultra-high potency CBD. Along with its cannabis vertical, Pure Extracts is adapting its existing processing infrastructure to be able to produce mushroom extracts for the creation of functional mushroom products. Commencing in May, the Company plans to sell its Pure Mushrooms branded extracts online through its direct-to-consumer e-commerce portal that will feature Reishi, Maitake and Lion’s Mane formulations that are expected to produce gross sales of $15,000 per month per SKU (https://ibn.fm/p75BS). Along with its functional mushroom brands, Pure Extracts recently signed a letter of intent to co-produce psychedelic mushroom-based psilocybin formulations with the Psyence Group, one of the world’s first psychedelic mushroom companies operating a federally legal commercial cultivation and extraction facility in Southern Africa (https://ibn.fm/7Zbw5). Based in British Columbia, Pure Extracts operates out of its state-of-the-art facility built to European Union GMP standards, enabling the Company to obtain EU-GMP certification for export to European countries where cannabis and functional mushroom products are legal for sale and consumption. With the market for cannabis, functional mushrooms and medicinal psychedelic products gaining traction across the world, Pure Extracts is favorably positioned to gain significant market share within the rapidly expanding plant-based medicine industry. For more information, visit the company’s website at www.PureExtractsCorp.com. NOTE TO INVESTORS: The latest news and updates relating to PULL are available in the company’s newsroom at https://ibn.fm/PULL

SRAX Inc. (NASDAQ: SRAX)’s Sequire Releases Details on Upcoming Conference Schedule

  • SRAX’s Sequire releases details on upcoming slate of industry-focused conferences
  • Sequire devised extensive conference series, adding further value to millions of investors and shareholders currently using the platform
  • The first conference, a cannabis-focused event, was held on April 20, 2021, featuring presentations from over 40 companies
SRAX (NASDAQ: SRAX), a digital marketing pioneer focused on providing consumer data management services, recently announced the upcoming lineup of industry conferences, which will be hosted on Sequire, SRAX’s investor intelligence platform, over the coming year (https://ibn.fm/Ia07q). Boasting a network of over five million influential, forward-thinking investors and shareholders as well as 183 publicly listed corporate subscribers, the Sequire platform has established a strong reputation as a venue where investors can congregate to learn, share, and network on a wide range of industry related topics. In that vein, SRAX and Sequire have devised an extensive conference series designed to offer added value to their budding investor community. Sequire’s conference series commenced with a cannabis-focused virtual event on April 20, 2021. Featuring upwards of 40 video presentations by publicly traded cannabis, hemp, CBD and psychedelic companies along with interviews and talks with leading industry experts, the one-day event showcased some of the most promising emerging companies within the North American cannabis sector to the over 500,000 investors who were invited to the event. Additional details on Sequire’s Cannabis Conference can be found at https://ibn.fm/JhLII. Other virtual conferences on Sequire’s docket over the coming months, which may potentially include some in-person components for the events scheduled in late 2021 and early 2020 (depending on the nation’s prevailing health and safety norms), include:
  • LD Micro Invitational 6/8/2021 – 6/10/2021
  • Sequire Blockchain Conference 7/15/2021
  • Sequire Edtech Conference 9/13/2021
  • Sequire Clean Tech / EV Conference 10/14/2021
  • Sequire Fintech Conference 10/15/2021
  • LD Micro Main Event 2021 – December 2021
  • Sequire Tech Conference 1/21/2022
“We are excited to kick off our conference series and to provide our Sequire clients a platform to reach a large audience of both retail and institutional investors,” stated SRAX Founder and CEO Christopher Miglino in relation to the upcoming conference series. “Community is a very important part of Sequire, and both virtual and in-person events are an integral part of the investor community we are building,” Miglino added. SRAX recently published its fourth quarter results, revealing that Sequire had witnessed a record quarter to end the year while separately closing on over $10 million in contracts for the first quarter of 2021. Sequire’s upcoming slate of corporate events, coupled with a series of cutting-edge technological improvements introduced to the platform as of late, bode favorably for the investor intelligence platform’s continued growth prospects. For more information, visit the company’s website at www.SRAX.com. NOTE TO INVESTORS: The latest news and updates relating to SRAX are available in the company’s newsroom at http://ibn.fm/SRAX

Imagin Medical Inc. (CSE: IME) (OTCQB: IMEXF) Technology Development is at the Forefront of Bladder Cancer Visualization Innovation

  • The i/Blue Imaging System’s(TM) development is the first to harness the power of white light and blue light visualization techniques with the added capability of displaying multiple images simultaneously  which will help surgeons perform more accurate tumor resections
  • Imagin Medical’s innovative system is currently in the manufacturing phase with Lighthouse Imaging with product completion slated for 2022
  • With its patented technology, the company is positioned to stake a claim on a $400 million segment of the $46 billion global endoscopy market
Advancements in the way that cancer is diagnosed and treated continue to be made. On the forefront of new technological innovation for visualizing cancer is Imagin Medical (CSE: IME) (OTCQB: IMEXF) i/Blue(TM)  Imaging System, a technology designed to combine the  advantages of traditional white light with blue light imaging to provide unparalleled visualization for removal of bladder cancer. Bladder cancer is the sixth most prevalent cancer found in the United States and has one of the highest recurrence rates. The American Cancer Society estimates there will be 83,730 new cases in 2021 and 17,200 deaths. Men are four times more likely to end up with the disease than women, and it is the eighth most common cause of death in this gender group American Cancer Society The most common procedure used to detect bladder cancer is called a cystoscopy, a procedure that allows doctors to examine the lining of the bladder by inserting a hollow tube (cystoscope) equipped with a lens into the bladder through the urethra. The cystoscopy allows medical professionals to examine the bladder and the urethra to diagnose, monitor, or treat various conditions, including bladder cancer. For decades, cystoscopies have been using white light for visualization. This method is still standard for more than 90% of the market, even though it cannot accurately detect cancer growths if they do not protrude past the bladder wall. White light is almost impossible to define clear margins between flat tumors and non-affected bladder tissue. First introduced in 2010, the blue light cystoscopy (“BLC”) has addressed the limitations imposed by the white light technology. With the use of an FDA-approved contrast agent, the cancerous bladder cells fluoresce in the blue light, providing significantly improved visualization of additional tumors and their margins during cancer removal. However, the current standard for BLC requires surgeons to switch their field of view from white light to blue light for resection purposes. Even with the blue light being more effective for resection, the white light is needed for the surgeon to orient their position within the bladder in real time. Imagin Medical, a Boston-based surgical imaging company focused on visualizing bladder cancer during minimally invasive surgeries, has set out to address the limitations of both white light and blue light procedures. Using the same FDA-approved contrast, Imagin’s innovative i/Blue technology design will display real-time white and blue light images on the screen simultaneously. This advancement will eliminate the need to switch back and forth between the images and   enable more accurate tumor resection and possibly lower recurrence rates. Additionally, the i/Blue System’s DualView Camera Head was developed to adapt to most endoscopes on the market, allowing hospitals to use the scopes they already have, providing a significant cost savings. As of March 15, 2021, Imagin Medical is funding its efforts with $2.165 million raised toward its convertible note offering. The company has advanced to the commercial manufacturing stage with Maine-based, FDA registered and ISO 13485:2016 certified Lighthouse Imaging as the contracted system manufacturer, and is scheduled to complete the manufacturing phase in 2022. With its patented technology, Imagin Medical is positioned to leverage growth opportunities in both the bladder cancer and other minimally invasive procedures. .The endoscopy market is valued at $46 billion, of which Imagin is positing itself to target $400 million (https://ibn.fm/UxQCM). The global bladder cancer market was valued at $3.43 billion in 2018 and is expected to grow at a CAGR of 4.03% to reach a projected value of $4.71 billion by 2026 (https://ibn.fm/h0pts). For more information, visit the company’s website at www.ImaginMedical.com. NOTE TO INVESTORS: The latest news and updates relating to IMEXF are available in the company’s newsroom at https://ibn.fm/IMEXF

Friendable Inc.’s (FDBL) Fan Pass Platform Addresses Gap in Massive Livestreaming Market, Leveraging Emerging Trends

  • In just under a year since launch, Fan Pass has grown exponentially in terms of artist signups and social media reach and engagement
  • The video streaming market is expected to reach $223.98 billion worldwide, according to Grand View Research
  • Friendable and the Fan Pass platform are continuing to leverage emerging trends, providing additional revenue and engagement opportunities via entertainment and musical artist-driven non-fungible tokens
As traditional media is in decline, further accelerated by the ongoing pandemic halting in-person events and interactions, artists and fans alike have increasingly turned their attention to the streaming market as a safe and affordable alternative to engage. Launched at the height of the coronavirus pandemic in July 2020, Friendable’s (OTC: FDBL) Fan Pass platform succeeds in addressing a gap in the video streaming market by catering to artists’ and fans’ demand for more engagement opportunities and insight into the activities of musicians, artists and celebrities, as highlighted in a recent broadcast titled “Savvy Companies Seizing Live Streaming Opportunity in Massive Market, Adding NFTs to Artist Offering” (https://ibn.fm/NiJOA). Approximately one year ago, Friendable was making the final adjustments to the Fan Pass mobile application and submitting it to Apple Store and Google Play for approval. Since the beginning of 2021, Fan Pass has been showing exponential increased growth across the board, from artist signups to fan engagement on the website, app, and social media platforms. At the close of February, artist events were up 191% as the live-streamed media content began to roll out full force. Artist signups also rose from 317 in February to 575 in March. These numbers fully reflect the video streaming market’s growth outlook. According to Grand View Research, the global market size for video streaming was $50.11 billion in 2020. The industry is expected to grow at a CAGR of 21%, resulting in an estimated $223.98 billion by 2028. The massive growth is largely due to innovations in blockchain technology and artificial intelligence that improve video quality, and the increasing popularity of cloud-based solutions that expand video content reach (https://ibn.fm/ERiCO). The Rositano brothers (founders of Friendable) are not letting promising new technological trends pass through their fingertips. The latest technology they have embraced to further support Fan Pass platform’s expansion and to benefit both artists and fans, is the emerging NFT (non-fungible token). To this end, the company has already signed a letter of intent with Santo Blockchain Labs and Santo Mining Corp. (OTC: SANP) to develop global entertainment and musical artist-driven NFTs, as well as its own marketplace. NFTs are digital assets stored on blockchain technology that cannot be reproduced. Each of the NFTs is expected to be a limited-edition digital and/or augmented-reality image, representing a unique opportunity for an additional revenue stream for the artist. The NFT offering can also include gold or platinum tickets that give the owner exclusive benefits to a physical venue or event with the artist. Friendable is using this new trend to generate revenue for Fan Pass artists while raising brand awareness. The NFT offering represents yet another way in which Fan Pass focuses on empowering artists and helping them increase revenue and elevate their careers through the platform. Unlike other agencies, Fan Pass aims to serve as a true partner to its artist members, who retain full control throughout the entire process and can leverage numerous support tools and services, including marketing materials, logo and merchandise design services, and more. This approach positions Fan Pass as a unique provider in the live streaming marketplace. Instead of competing with top streaming services such as Spotify Technology S.A. (NYSE: SPOT), Disney (NYSE: DIS), Amazon (NASDAQ: AMZN), and Netflix (NASDAQ: NFLX), Fan Pass capitalizes on viewers’ appetite for live video content from their favorite artists or performers, while empowering artists to thrive in a post-COVID-19 society and continue to make money doing what they love to do. For more information, visit the company’s websites at www.Friendable.com or www.FanPassLive.com. NOTE TO INVESTORS: The latest news and updates relating to FDBL are available in the company’s newsroom at http://ibn.fm/FDBL

Emaginos Inc. Sees, Solves Problems in Current Public Education System

  • Company opposes replacing, damaging public schools; instead works to transform the system
  • DLS offers systemic change from current teacher-centered model to K-12 public education system that focuses on, encourages desire to learn
  • Emaginos partners with local school boards, governments to create change
As the 21st century dawned, fewer than 2,000 charter schools were operating throughout the United States; less than two decades later that number had almost quadrupled, jumping to 7,427 in the 2018–19 school year (https://ibn.fm/BB2DE). The dramatic increase in charter schools indicates a broad dissatisfaction with the current public education system. Emaginos shares that dissatisfaction but opposes replacing public schools with charter schools or damaging public schools by draining resources through vouchers or school choice programs. Instead, the company is committed to transforming public education. For the past two decades, Dr. Keith Larick, a former superintendent with the Tracy Unified School District, has worked closely with other educational professionals to develop the Emaginos Discovery Learning System (“DLS”) based upon the outstanding work done by the faculty, staff, and administration in Tracy. The system offers a systemic transformation from the current teacher-centered model to a K-12 public education system that focuses on and encourages a student’s desire to learn. The system has been tested and proven by the educators in Tracy over the past 10 years. Emaginos program is based upon the outstanding example set in Tracy. This approach to learning has proven successful in many school settings and it is now time to use what has been learned to launch a nationally effort reform and improve public schools. Emaginos recently went public to raise capital for further development and placement of its transformational public school model (https://ibn.fm/vftRn). Emaginos plans to transform the current system by partnering with local school boards and governments to create a next-generation learning environment, available as a subscription service. The transformation begins initially by implementing the program at one school as a model. After that model is successful, other schools in the district follow suit. The company’s comprehensive program features everything from STEM and enriched curriculums to 21st-century job skills and textbook-free classrooms. The program is student centered and project based, incorporates longer school days and years, and includes community participation and service. In addition, the innovative approach embraces teacher empowerment, recruitment and retention. The program also includes state-of-the-art technology, including a complete IT and telecommunications infrastructure replacement, with equipment replacement every three years. Of course, with education budgets tight across the country, the cost of the program is a key factor. In fact, on average, the cost of implementing the Emaginos model per student is about the same as traditional public school programming. The company announced that by going public, it will raise the needed resources to market and produce its programming for new schools around the country. Emaginos promotes a solution to America’s poorly performing K-12 public education system using existing facilities, existing teachers, existing administrators and implementable within existing budgets using existing proven best practices. This is a better way. Instead of closing or replacing public schools, transform them into Emaginos schools of discovery and innovation. For more information, visit the company’s website at www.Emaginos.com. NOTE TO INVESTORS: The latest news and updates relating to Emaginos are available in the company’s newsroom at https://ibn.fm/Emaginos

Mobius Interactive Ltd. Has Eyes on Being First Online Gaming Company to Take Over Land-Based Casino

  • The future is a monetized combination of Esports communities, sports betting players familiar with both mediums
  • As Mobius expands, company continues to speak local while acting global
  • Company focused on being one of first online gaming companies to take over a land-based casino
Mobius Interactive, an online gaming operator launched in September 2020, has seen rapid success in the industry. In a recent interview with G&M News, co-founder and vice president of marketing Nicholas de Freitas attributes this to its three successful brands and the company’s ability to launch innovative programs (https://ibn.fm/uLD9q). In the interview, de Freitas shared his vision for Mobius “to be one of the first online gaming companies to take over a land-based casino.” It’s a lofty goal, but de Freitas is a visionary who sees the future as a monetized combination of Esports communities and sports-betting players familiar with both mediums. He has always been a proponent of combining the digital and the traditional markets. Gaming industry professionals are connected, regardless of geography, de Freitas believes. Even though de Freitas is from South Africa, he has worked with people around the world, relying on his impressive network of acquaintances and former colleagues in various regions to gain introductions to media companies and affiliates interested in becoming partners with Mobius. As the company expands, it continues to create a universal offering localized to the region being served. The goal is to speak locally while acting globally. “Globally, our offer across the board is to deliver the best loyalty program, coupled with real-time gamification that drives interactivity between us and our player base, underpinned with superb customer service,” said de Freitas. “This universal offering allows us to localize our content in all the regions we are currently in and expanding into this year.” Mobius addresses customer service in real time through a loyalty and CRM program. Information is constantly sent to players through SMS, push notifications, emails and customer support based on individual’s activity. The player journey is optimized and is awaiting the upgrade of Mobius’ gamification program, soon to be integrated with the loyalty and CRM program. The online gaming industry is growing and seeing unprecedented numbers. While many businesses were negatively impacted during the COVID-19 pandemic, online gaming thrived. This means while some land-based casinos that relied heavily on foot traffic were closing their doors, new consumers were rushing to online platforms. The game has changed. If de Freitas’ predictions hold true, 2021 will see the sector’s first-ever reverse acquisition of an online company buying up a traditional land-based space. “My vision for Mobius Interactive,” said de Freitas, is to be one of the first online gaming companies to take over a land-based casino. We managed to set up an online gaming company in the middle of the pandemic and launch three diverse brands within three months, which has to be a record in the gaming industry. This is not an idle wish but a distinct possibility to grow business!” For more information, visit the company’s website at www.MobiusInteractive.Ltd. NOTE TO INVESTORS: The latest news and updates relating to Mobius are available in the company’s newsroom at http://ibn.fm/Mobius

Sonoma County as a Major Cannabis Appellation

Sonoma Biologics is stepping up their efforts to build a global cannabis brand through a variety of disciplines and cost-efficiencies.  Sonoma Biologics is a producer of high quality, low cost, organic-equivalent cannabis. As part of their standard operating measures, they use organic products for both fertilization and pest management.  Sonoma Biologics produces product for flower, organic extracts for recreational and medicinal cannabis applications, ingestible, creams and lotions. Sonoma Biologics is committed to adhering to all the stringent guidelines of both the Appellation of Origin and the OCal programs, which are designed to set California cannabis apart from that of other growth areas. The Appellation of Origin program gives credence to the place where a product is grown. In the case of Sonoma Biologic’s cannabis, growing in Sonoma County will allow consumers the confidence of knowing our plants thrive in the same soil and environmental conditions as that of the world-famous wines of Sonoma County. Sonoma County has long been known as an agricultural haven for the growth of a variety of products such as apples, grapes, apricots, Meyer lemons, figs, olives and more. And, due to the ideal growing conditions for grapes, the County enjoys a worldwide reputation for numerous varietals including Pinot Noir, Chardonnay, Sauvignon Blanc, and Zinfandel to name a few. The soil at Sonoma Biologics main cultivation farm is Gold Ridge fine sandy loam.  This local soil is known for its production of ultra-premium Pinot Noir grapes and wines.  Some of the most coveted Pinot Noirs produced in California are neighbors.  The company believes that this soil, as well as the local microclimate, are major factors that contribute to the high quality of this appellation.  “Participating in the CDFA, the California Department of Food and Agriculture, will ensure that customers who see the Sonoma designation on a product label, will instantly understand they are getting the highest quality, sun grown, natural, pure product “says Paul Caracciolo, CEO of Sonoma Biologics. “For 4 years running, our cultivated product has passed the stringent state of CA laboratory quality control tests for purity”. In MJBizDaily, Rex Stults, vice president of the Napa Valley Vintners Association, talks about the benefits of associating the California wine regions as having the same growing benefits for cannabis. “If you develop a reputation for having a delicious, high-quality product, then the name of the region becomes synonymous with the product,” Stults said. “The product has to be good consistently year after year.” Another parallel from wine that the cannabis industry might consider – farm tours to taste the product and see where its grown (https://ibn.fm/A7094). Sonoma Biologics is also prepping to certify with the State of California’s comparable-to-organic cannabis standards. The OCal Program will ensure that cannabis products bearing the OCal seal have been certified to consistent, uniform standards comparable to the National Organic Program. By participating in these programs, consumers and manufacturers will be assured of the quality of product being produced. These programs will also allow Sonoma Biologics to claim “Sonoma” place of origin for marketing and branding purposes, thus building on the global awareness of Sonoma County that has been paved by the grape/wine industry. For more information, visit the company’s website at www.OwnSonomaBiologics.com. NOTE TO INVESTORS: The latest news and updates relating to Sonoma are available in the company’s newsroom at https://ibn.fm/Sonoma

Infobird Software Co. Ltd. (NASDAQ: IFBD) Is ‘One to Watch’

  • Infobird leverages a self-developed cloud computing structure, AI and machine learning capabilities, patented Voice over Internet Protocol (VoIP) application technologies, a no-code development platform and in-depth industry expertise to best serve its growing client base
  • Chinese spending on cloud infrastructure services grew from $107 billion in 2019 to $142 billion in 2020; China is the second-largest market for cloud infrastructure spending (after the U.S.), contributing 14% of the global industry
  • Infobird’s suite of AI Customer Engagement offerings includes intelligent omnichannel customer service support, cloud call center utilities, intelligent telemarketing services and AI voice/text chatbot solutions
  • The company also provides AI Salesforce Management tools, including an intelligent quality inspection platform and a comprehensive training utility
  • Infobird has a vast and constantly expanding client base, with over 10,000 paid user accounts from 358 customers in the industries of finance, education, public services, consumer products and health care
  • The company’s management team features graduates of the Tsinghua University and other reputable universities, both in China and abroad; its members boast an average of over two decades of experience in management and technology
  • Infobird’s shares began trading on the Nasdaq Capital Market on April 20, 2021, following an initial public offering of 6.25 million ordinary shares at a public offering price of $4.00 per share
Infobird Software (NASDAQ: IFBD) is a software-as-a-service (SaaS) provider of AI-powered customer engagement solutions in China. Infobird leverages a self-developed cloud computing structure, AI and machine learning capabilities, patented Voice over Internet Protocol (VoIP) application technologies, a no-code development platform and in-depth industry expertise to best serve its growing client base. Founded in October 2001, Infobird empowers clients with value-driven business solutions designed to increase revenue, reduce costs and enhance service quality and customer satisfaction. The company currently specializes in corporate clients in finance and a broad array of ancillary industries. Infobird is headquartered in Beijing, China, and began trading on the Nasdaq Capital Market on April 20, 2021, following an initial public offering of 6.25 million ordinary shares at a public offering price of $4.00 per share, before underwriting discounts and commissions. Product Offering Infobird’s flagship customer engagement software can handle both AI Customer Engagement and AI Salesforce Management.
  • AI Customer Engagement
  • Intelligent Omni-Channel Customer Service – This offering allows clients to connect with their customers anytime and anywhere through a comprehensive suite of cloud-based tools.
  • Cloud Call Center – This service puts Infobird’s years of technical and operational experience to work for clients, with options including intelligent IVR technology, call monitoring, routing strategy and ticketing systems, all supported by multi-dimensional data reports.
  • Intelligent Telemarketing – Infobird’s AI bots can help clients navigate “never-ending lists” of potential customers, filter out the most promising leads and increase the working efficiency of agents, keeping agents focused on high-value tasks.
  • AI Voice Chatbot and AI Text Chatbot – This technology allows clients to create human-like interactions offering 24/7 availability and multi-round dialogue capabilities, decreasing labor costs by up to 80% while greatly improving efficiency.
  • AI Salesforce Management
  • Intelligent Quality Inspection – Infobird’s platform aims to improve quality inspection rates and service levels through the use of real-time smart monitoring with comprehensive coverage.
  • Intelligent Training – Interactive training programs allow clients to ensure and continuously improve the performance level of their agents, lessening the impact of high turnover rates common throughout the customer service industry.
Infobird’s client base includes roughly 10,000 paid user accounts representing 358 customers in the industries of finance, education, public services, consumer products and health care – as reported on June 30, 2020. Market Outlook Cloud infrastructure services spending in China increased by 32% ($39.9 billion) in the fourth quarter of 2020. For all of 2020, total services grew to $142 billion, up from the reported $107 billion in 2019. This growth can be attributed to rising demand for cloud infrastructure over physical software solutions (https://ibn.fm/rHZUh). China is the second-largest market for cloud infrastructure solutions after the U.S., accounting for roughly 14% of the global industry. Likewise, SaaS has demonstrated considerable growth potential in recent years. In 2020, the SaaS industry in China was valued at $3.3 billion, representing an increase of 43.5% over 2019, as companies continue to leverage artificial intelligence and Big Data technologies to increase efficiencies and promote expansion. As one of the leading and longest standing providers of domestic SaaS solutions and with a comprehensive portfolio of intelligent, customizable and scalable solutions, Infobird is uniquely positioned to capitalize on the market’s expansion and resulting opportunities for corporate growth. Management Team Yimin Wu is the CEO and Founder of Infobird. He has served as the Chairman of the board of directors and Chief Executive Officer of the company since it was founded. From August 1990 to March 1993, Mr. Wu was a software engineer for the Software Center of Tsinghua University and was sent to the U.S. to co-develop the HP_UX operating system at HP Inc. From April 1993 to May 2000, he served as the general manager for Beijing Jing Zhou Computers Co. Ltd., a company responsible for marketing and developing interactive voice response systems. From July 2000 to October 2001, Mr. Wu was the general manager for Beijing Jing Zhou Rong Hua Internet Technology Co. Ltd, a company responsible for developing middleware for call center establishments. He received a bachelor’s degree and a master’s degree in computer sciences from Tsinghua University. Hsiaochien Tseng is the EVP of Infobird and has held the title since January 2020. From March 2010 to September 2018, he served as a sales director for the Credit Card Center of China Guangfa Bank, where he was responsible for integrating and managing online and offline sales channels, establishing overall and regional sales strategies and creating training systems to increase the client base. From October 2018 to January 2020, Mr. Tseng served as SVP of Hua Tuo Digital Technology Group Co. Ltd., a financial information technology company. He received a bachelor’s degree in information management from Fu Jen Catholic University and a master’s degree in business administration from San Diego State University. Chunhsiang Chen is the VP of Infobird, a position he has held since April 2012. From June 1990 to February 1993, he served as an advisory programmer of International Business Machine Corp. (“IBM”). During that time, he participated in the design and development of the Multiple Protocol Transport Network. From February 1993 to September 1996, Mr. Chen served as an associate professor in the Information Education Department of National Taiwan Normal University. He founded GenNet Technology Co. Ltd., an information technology company, in 1993 and served as the president until joining Infobird in 2012. Mr. Chen has a bachelor’s degree in computer sciences from the National Chiao Tung University and a master’s degree and doctoral degree in computer sciences from Northwestern University. Lianfang Zhou is the CFO of Infobird and has been with the company for over 10 years. From September 2004 to July 2008, she served as the head of accounting at Beijing Saishuo Technology Co. Ltd., a software development company specializing in port services. From August 2008 to December 2009, Mrs. Zhou served as the head of accounting for Beijing Lianhe Lida Investment Co. Ltd., a property management services company. She holds an intermediate accounting qualification certificate issued by the Ministry of Finance of the PRC. Mrs. Zhou also has a bachelor’s degree in accounting from the Renmin University of China. For more information, visit the company’s website at www.Infobird.com/en/index.html. NOTE TO INVESTORS: The latest news and updates relating to IFBD are available in the company’s newsroom at https://ibn.fm/IFBD

PlantX Life Inc.’s (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) E-Commerce Grocery Meets Consumers Changing Needs 

  • Plant-based foods gain popularity as shoppers focus more on health, well-being during COVID
  • U.S. online grocery sales rose from $1.2 billion in August 2019 to $7.2 billion in June 2020
  • More than 5,000 plant-based products are available through PlantX’s online grocery store, with more being added daily
PlantX Life (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) has become the digital face for the plant-based community, providing a one-stop-shop for everything plant based. There was a time when being vegan or vegetarian made it difficult to find quality items — that time has passed, thanks in large part to companies such as PlantX. Even before COVID-19, a growing numbers of consumers were opting for plant-based lifestyles. However, during the global pandemic, the market is exploding, as growing numbers of shoppers focus on healthier cooking, eating and living (https://ibn.fm/b4hW9). Experts predict that, even as the pandemic eases, the trend toward health and well-being will continue, along with a shift in consumer tastes and spending habits. In the past the plant-based consumer was primarily a vegan and vegetarian shopper, but today’s grocery space is seeing a trend toward flexitarians. This is a group of people who seek to add additional plant-based products to their diet for a variety of reasons including taste, environment, health, animal welfare, etc. They have not necessarily given up meat altogether but are transitioning to a more plant-forward plate. Another change seen during the pandemic was the uptick in online grocery shopping. At the beginning of the pandemic, 81% of consumers had never purchased groceries online. That number flipped in 2020, and now 79% of consumers have ordered their groceries online. In the United States, online grocery sales rose from $1.2 billion in August 2019 to $7.2 billion in June 2020 (https://ibn.fm/GIdoc). That increase is certainly being reflected in the numbers reported by PlantX; the company saw a 298% increase in revenue from Q2 to Q3 2020 (https://ibn.fm/P3mKi), positioning the trend-setting company as one of the fastest-growing leaders in the plant-based industry. At least part of that growth likely stems from the company’s vast lineup of grocery offerings. More than 10,000 plant-based products are listed in the online store, with more being added daily (https://ibn.fm/rfplx). The company offers shopping sites designed for both U.S. and Canadian consumers. The PlantX e-commerce shopping experience is designed for ease of use and offers high-quality, plant-based products that cover all grocery needs; consumers can find frozen, refrigerated and pantry items from more than 350 different brands, including some of the most popular such as Beyond Meat, Earth Balance, Silk and more. The online grocery shopping experience includes diverse product categories such as frozen fruits, desserts, breads and entrees; condiments and dressings, cereal, soups and snacks; and beverages, dairy and egg alternatives, and dips. Shoppers can even find personal care, vitamins and pet food items. And most important: consumers can rest easy knowing that every product offered is plant based, wholesome, nutritious and fresh. Plant-based products have proven to be a key component in the growth of food companies and retailers, and PlantX is capitalizing on the impressive market growth. In the near future, the company plans to add its own PlantX-branded goods to the site and is even eyeing expansion into international distribution. While many industries slowed during the pandemic, the plant-based food industry — and PlantX — experienced record-breaking growth, growth that appears likely to continue as consumers remain committed to healthier lifestyle choices. For more information, visit the company’s websites at www.PlantX.comwww.PlantX.ca and https://investor.plantx.com/ and view PlantX for Plant-Based Investors. To visit the company’s YouTube channel, click here. NOTE TO INVESTORS: The latest news and updates relating to PLTXF are available in the company’s newsroom at https://ibn.fm/PLTXF

Brain Scientific Inc. (BRSF) Receives FDA Clearance for Next-Gen NeuroCap

  • BRSF announced it has FDA clearance for next-gen NeuroCap
  • The newest version of the NeuroCap has added velcro strips, expanded size range to include pediatrics
  • New device can stay on the patient’s head for up to four hours

Brain Scientific (OTCQB: BRSF), a commercial-stage healthcare company, announced it has received clearance from the FDA for its next-generation NeuroCap(TM) (https://ibn.fm/RYmMH). This device is an advanced electroencephalogram (“EEG”) electrode array used in routine clinical and research settings. Like the previous version, the newest version of the NeuroCap will help improve patient access to neurological care through its simplicity, cost efficiency and one-time use. However, the next-gen version comes with a few upgrades.

“We are constantly working on new products for the EEG market,” stated Irina Nazarova, marketing director at Brain Scientific. “In the new version of NeuroCap, we added velcro strips for better adhesion. We also expanded the size range by adding an extra-small size. And now this device is designed for broader use, in addition to intensive care units and ERs.”

The next generation of the NeuroCap includes a pediatric version. The newer version only takes five minutes to apply and can stay on a patient’s head for up to four hours. The lengthy task of head measurement and electrode placement is eliminated with pre-gelled, fixed electrode locations. The ease of use and disposability limits contact between EEG technicians and patients, a much-needed change in a post-COVID era.

However, the risk if virus existed even prior to the pandemic. In fact, the largest known outbreak of hepatitis B (“HBV”), with 14,000 cases between 1991 to 1996, was traced back to one EEG lab (https://ibn.fm/msZIz). And that concern is well founded. The cleaning process of bulky EEG equipment is complicated. Wires can get tangled, and cleaning products expire. Microscopic debris, such as blood and pathogens, can be left behind. Good intentions and cleaning policies can only go so far in protecting patients. Improper cleaning methods come with heavy fines, and PR nightmares. The simple, cost-effective solution is to switch to single-use EEG electrode products.

BRSF’s NeuroCap offers additional benefits. Traditional EEGs require application by a skilled professional and can take up to 30 minutes to start the routine EEG test. That amount of time does not include cleaning. The NeuroCap reduces the time needed from 30 minutes to only five, and the device requires no cleaning or sterilization because the product is disposable. It eliminates both the threat and the worry.

While COVID has highlighted the need for more sanitary measures and disposable EEGs, it has also made clear the great divide in neurological care demographically. Brain Scientific is dedicated to making neurological care accessible to all.

For more information, visit the company’s website at www.BrainScientific.com.

NOTE TO INVESTORS: The latest news and updates relating to BRSF are available in the company’s newsroom at https://ibn.fm/BRSF

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